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Axie Infinity / Bitcoin

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AXSBTC trade ideas

Axie Infinity moving into a SQUEEZE AXS/BTCAXS has been pushing into a squeeze with this pennant forming over the last few weeks, and there is normally only 2 outcomes from this pattern. If the hype is still around this coin then I would expect a push upwards and because of ATH levels I would be using a trend based fib to find some hidden levels, which also lines up pretty well from the measured move of the last impulse. If the hype has dropped or moved onto another coin for now then I would expect a significant pull back on this market, its had a solid run so a big pull back is due.
Short
by DeNomics
Barrelin 2.0 - Without Rules There Is Chaos!I am now about 4 weeks into sharing my #Barrelin pattern and associated trading strategy mostly on Twitter. In that time I have developed more regimented rules in hopes of automating the hunting if not the trades themselves. Here is the strategy as it stands today: ————- Entry 4hr close above 75% on RSI (14) Continuation Hold EMA (8) on 4hr close OR 1D close above 75% on RSI (14) (aka ‘Handoff to 1D’) AND Hold EMA (8) on 1D close OR 1W close above 75% on RSI (14) (aka ‘Handoff to 1W’) AND Hold EMA (8) on 1W close OR 1M close above 75% on RSI (14) (aka ‘Handoff to 1M’) AND Hold EMA (8) on 1M close Exit Close below EMA (8) on current timeframe that is #Barrelin ——— These handoffs are ideal but I am also starting to see, especially in stocks, the 4hr time frame is not only awkward with the limited trading but there are entries all the time on the higher timeframes without handoffs. The lower timeframes give an idea of momentum and personal preference can be used what timeframe to enter. This brings context to if you are “late” or not. I have posted over 650 tweets in those 4 weeks so searching through #Barrelin will help give a better idea of the ridiculous gains with it. Obviously there are fails and losers as well. I try to post these as well in order to see where the strategy can grow and evolve. The biggest evolution I am currently working on is a trailing take profit with a re-entry. Not sure how hard that part will be to automate but might as well fine tune the idea as much as possible and see what comes of it. Just with the shear volume of crypto and stocks I am following I have narrowed things down to just BTC pairs on Binance for crypto and no longer monitoring timeframes below the 4hr. It is personally impossible to still have any sort of life at that level. As for stocks I have been transformed into a fanboy!!! I can’t believe it. The gains seem to be more consistent and much more explosive - at least in the current atmosphere. There is still crypto popping off but I recommend crypto lovers to give my timeline a visit to see the crazy gains. I am loving the engagement with me and my strategy and I feel it is helping people which os my ultimate goal. I look forward to what the next 4 weeks brings as I try to scale this. Thanks for reading all the way through. Time is precious and I appreciate you investing some of your time here.
Education
by BarrelinChad
AXSBTC Inverse head and shoulder 🦐A clear Massive inverse head and shoulder on AXSBTC. IF the price will have a breakout from the neckline and retest it as new support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
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